Return of advance payment from deposit bank account
The parties have signed Memorandum of agreement to sale the vessel that has been prepared by us, based on rules of Swedish law. However, due to reasons of financial crisis, the buyer has been forced to withdraw from the deal. The task was to get out of the deal with minimal losses and to return deposit payment.
Our services in the case
The deal has been named void by rules of personal law of a company (our Appointee). The deposit has been withdrawn from bank account in proportion of 75/25 % in favor of our Appointee. The dispute has been settled without application to